MSGM Motorsport Games Inc

Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) is today releasing the next update for “Le Mans Ultimate”, the official game of the FIA World Endurance Championship and the 24 Hours of Le Mans. This latest update increases the content available to players by adding three more LMGT3 category cars along with significant quality of life improvements.

Head-turning LMGT3 machinery from supercar manufacturers Porsche and Aston Martin form the contents of “2024 Pack 4”. The Aston Martin Vantage AMR LMGT3 is a second-generation car from the famous British marque, ever present in sportscar racing. From Porsche, the 911 GT3 R LMGT3, powered by the iconic flat-6 engine, won the 2024 edition of the iconic 24 Hours of Le Mans and the FIA World Endurance Trophy in the LMGT3 category. Both cars offer distinct racing experiences based on highly detailed physics development and unique car attributes.

Additionally, the distinctive Ford Mustang LMGT3 muscle car, will be added for free for all Early Access players, as a separate DLC item available directly on the Steam store. This car joins the other free LMGT3 car, the McLaren 720S LMGT3 Evo, released to all players in the December update. Both cars will allow players to compete against drivers and AI in DLC cars in both online and offline race modes.

Significant physics development has been undertaken to the LMGT3 tyre model in this release. Players can expect the overall feeling to be more realistic and stable, following extensive collaboration with real-world drivers and the incorporation of detailed real-world data provided.

2024 Pack 4 is on sale at an early access price of £5.99 / €6.49 / $6.99 or users can purchase the Season Pass for £39.99 / €46.99 / $48.99. The Season Pass includes five packs in total with Pack 1, 2 and 3 already released in July, September, and December 2024 respectively. The RaceControl Pro+, available at www.racecontrol.gg, also unlocks DLC content whilst the subscription is live, offering players more choice about how they access this content. The remaining “2025 Pack 5” is expected for players to enjoy in May 2025 and is scheduled to include one additional circuit (Lusail International Circuit) and two more LMGT3 cars. This will coincide with the next major game update, also scheduled for May 2025 and expected to include highly anticipated features requested by the community, including live multiplayer driver swaps and team functionality.

“As always, we are delighted to bring more content and improvements to Le Mans Ultimate,” commented Stephen Hood, CEO and President of Motorsport Games. “The last update in December 2024 brought a significant increase in players to the game whilst increasing play time and reducing churn. We believe these improvements, new cars and additional circuit layouts will delight the game’s fans and keep them engaged with a game that continues to move in a positive direction.”

To purchase Le Mans Ultimate, the Season Pass, or individual DLC Packs, visit Le Mans Ultimate on Steam. Head to www.racecontrol.gg to configure private servers or subscribe RaceControl Pro or Pro+, the latter of which unlocks all DLC content with a live subscription.  About Motorsport Games:   Motorsport Games is a racing game developer, publisher and esports ecosystem provider of official motorsport racing series. Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make racing games that are authentically close to reality. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series including the 24 Hours of Le Mans and the FIA World Endurance Championship, recently releasing Le Mans Ultimate in Early Access. Motorsport Games also owns the industry leading rFactor 2 and KartKraft simulation platforms. rFactor 2 also powers F1® Arcade through a partnership with Kindred Concepts. Motorsport Games is also an award-winning esports partner of choice for the 24 Hours of Le Mans, creating the renowned Le Mans Virtual Series. Motorsport Games is building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires.

For more information about Motorsport Games visit: www.motorsportgames.com.

Forward Looking Statements  Certain statements in this press release which are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are provided pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements.

These forward-looking statements include, but are not limited to, the statements concerning players expecting the overall feeling of the update for “Le Mans Ultimate” to be more realistic and stable, the remaining “2025 Pack 5” being expected for players to enjoy in May 2025 and including one additional circuit (Lusail International Circuit) and two more LMGT3 cars, the next major game update being scheduled for May 2025, the next update including highly anticipated features requested by the community, including live multiplayer driver swaps and team functionality, the improvements, new cars and additional circuit layouts delighting the game’s fans and keeping them engaged with a game that continues to move in a positive direction, making racing games that are authentically close to reality and building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Motorsport Games and are difficult to predict. Examples of such risks and uncertainties include, without limitation, the ability to release the remaining “2025 Pack 5” and next major game update as scheduled, the ability to include in the next game update features requested by the community, including live multiplayer driver swaps and team functionality, and the ability to make racing games that are authentically close to reality and build a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires.

Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in Motorsport Games’ filings with the Securities and Exchange Commission (the “SEC”), including its Annual Report on Form 10-K for the fiscal year ended December 312023, as well as in its subsequent filings with the SEC. Motorsport Games anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Motorsport Games assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Motorsport Games’ plans and expectations as of any subsequent date. Additionally, the business and financial materials and any other statement or disclosure on, or made available through, Motorsport Games’ website or other websites referenced or linked to this press release shall not be incorporated by reference into this press release.

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Contacts:

Investors:Investors@motorsportgames.com

Media:PR@motorsportgames.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/62996588-e84a-49be-b795-705317ee46fd